IndexIQ Etf Forecast - Daily Balance Of Power
| GRES Etf | USD 33.96 0.00 0.00% |
IndexIQ Etf Forecast is based on your current time horizon.
IndexIQ |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.62) | (1.00) |
| Check IndexIQ Volatility | Backtest IndexIQ | Trend Details |
IndexIQ Trading Date Momentum
| On April 24 2023 IndexIQ was traded for 34.23 at the closing time. The top price for the day was 34.57 and the lowest listed price was 34.23 . The trading volume for the day was 25.4 K. The trading history from April 24, 2023 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 0.68% . The trading delta at closing time against the current closing price is 0.29% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare IndexIQ to competition
IndexIQ Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with IndexIQ etf to make a market-neutral strategy. Peer analysis of IndexIQ could also be used in its relative valuation, which is a method of valuing IndexIQ by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
IndexIQ Market Strength Events
Market strength indicators help investors to evaluate how IndexIQ etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IndexIQ shares will generate the highest return on investment. By undertsting and applying IndexIQ etf market strength indicators, traders can identify IndexIQ entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0038 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 33.89 | |||
| Day Typical Price | 33.92 | |||
| Market Facilitation Index | 0.13 | |||
| Price Action Indicator | 0.065 | |||
| Relative Strength Index | 56.47 |
Thematic Opportunities
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of IndexIQ is measured differently than its book value, which is the value of IndexIQ that is recorded on the company's balance sheet. Investors also form their own opinion of IndexIQ's value that differs from its market value or its book value, called intrinsic value, which is IndexIQ's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IndexIQ's market value can be influenced by many factors that don't directly affect IndexIQ's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IndexIQ's value and its price as these two are different measures arrived at by different means. Investors typically determine if IndexIQ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IndexIQ's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.